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. >> thank you. >>> there's more urgency in washington to get a deal done before the so-called "fiscal cliff" deadline less than a week from now. senate majority leader harry reid was reportedly at the capital on christmas working on a scaled-down plan to avoid tax hikes for all about the wealthiest americans. his plan would include short term spending cuts instead of long-term deals that had been sought. >>> from hawaii. comes word that president obama will cut short vacation and return to washington later today to take part in "fiscal cliff" negotiations. christmas day the president and first lady met with servicemembers and their families. the president told the marines he was grateful for their service and posed pour pictures. >>> recent college graduates are having a tough time getting jobs in their desired lines of work. according to the latest u.s. census figures about 2 60,000 young adults with college degrees in california are working in food service and retail. >> couldn't get a job in the field that i wanted to so i figured i have to start at the bottom. >> without higher paying j
christmas many americans have lingering financial worries. we know there's that fiscal cliff hovering over us and we're about to go over the edge but right now no one in washington is really doing anything about it. >> no, on the christmas break. edward lawrence is in washington, d.c. this morning with more on what lies ahead in the days to come. so edward i guess we won't really see any action until at least thursday? is that right? >> reporter: yeah we won't see action until thursday because the senate doesn't get back into session until thursday at the moment the capitol is deserved. so is the white house, as you know president obama is in hawaii on his annual vacation. that he has every year here. now he spent christmas eve playing golf and working out at a local marine base out there. he also has another golf round planned again for today. the talks between the president and the house have broken down on this fiscal cliff there are to try and avoid the deadline that's coming up. on thursday when the senate comes back into session most of the house of representatives will also be back
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